Get breaking news and local stories in your inbox!

California’s grades on the 2018 Manufacturing and Logistics Report Card don’t look overly impressive: There’s just a single “A,” lots of “Cs,” even a “D.”

No, California won’t be this year’s valedictorian. But, the Golden State is among the most improved of the class.

Bolstered by improvements in four of nine categories – highlighted by a significant advancement in tax climate, long considered one of the state’s greatest weaknesses in business growth and retention – California is solidly positioning itself as “an economic powerhouse for years to come,” according to Michael Hicks, director of the Indiana-based center that produces the annual report that grades all 50 states.

California received one of just six “A” grades nationally for productivity and innovation, the same mark as a year ago, and also maintained its grades for logistics (B-), manufacturing (C), global position (C) and diversification (D).

In addition to improving from a “D+” to a “C-” in tax climate, a grade that puts California – and likely to the surprise of many business developers – in the “middle of the road,” Hicks said, the state moved from a “C-” to a “C” in human capital.

“If you’re attracting people, you’re going to do well in everything else,” Hicks told The Signal, noting that California will likely continue to enjoy an “endless supply of well-educated people” because of its favorable national reputation – and despite an inflated cost of living. “It’s when you’re not legitimately attracting people that you’re in trouble.”

Hicks also singled out the Golden State’s “C” grade in manufacturing: “California is a better place to manufacture and move goods than most people would say it is,” he said.

Advanced Manufacturing, in fact, is one of the Santa Clarita Valley Economic Development Corporation’s six primary clusters for continued growth, along with Aerospace & Defense, Medical Devices, Digital Media and Entertainment, Information Technology, and Headquarters & Professional Services.

About the author

Steve Kiggins

A journalist of 25 years, Steve Kiggins is editor of the Santa Clarita Valley Business Journal. Prior to joining The Signal in December 2017, Kiggins was based in Utah as an executive editor in the USA TODAY Network and worked more than a decade in media and education in Wyoming.
Follow him on Twitter, @scoopskiggy.

Get breaking news and local stories in your inbox!

California’s grades on the 2018 Manufacturing and Logistics Report Card don’t look overly impressive: There’s just a single “A,” lots of “Cs,” even a “D.”

No, California won’t be this year’s valedictorian. But, the Golden State is among the most improved of the class.

Bolstered by improvements in four of nine categories – highlighted by a significant advancement in tax climate, long considered one of the state’s greatest weaknesses in business growth and retention – California is solidly positioning itself as “an economic powerhouse for years to come,” according to Michael Hicks, director of the Indiana-based center that produces the annual report that grades all 50 states.

California received one of just six “A” grades nationally for productivity and innovation, the same mark as a year ago, and also maintained its grades for logistics (B-), manufacturing (C), global position (C) and diversification (D).

In addition to improving from a “D+” to a “C-” in tax climate, a grade that puts California – and likely to the surprise of many business developers – in the “middle of the road,” Hicks said, the state moved from a “C-” to a “C” in human capital.

“If you’re attracting people, you’re going to do well in everything else,” Hicks told The Signal, noting that California will likely continue to enjoy an “endless supply of well-educated people” because of its favorable national reputation – and despite an inflated cost of living. “It’s when you’re not legitimately attracting people that you’re in trouble.”

Hicks also singled out the Golden State’s “C” grade in manufacturing: “California is a better place to manufacture and move goods than most people would say it is,” he said.

Advanced Manufacturing, in fact, is one of the Santa Clarita Valley Economic Development Corporation’s six primary clusters for continued growth, along with Aerospace & Defense, Medical Devices, Digital Media and Entertainment, Information Technology, and Headquarters & Professional Services.

You may also like

About the author

Steve Kiggins

A journalist of 25 years, Steve Kiggins is editor of the Santa Clarita Valley Business Journal. Prior to joining The Signal in December 2017, Kiggins was based in Utah as an executive editor in the USA TODAY Network and worked more than a decade in media and education in Wyoming.
Follow him on Twitter, @scoopskiggy.